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g3rszpi
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December 05, 2015, 08:30:39 PM |
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There was already way too much community driven coins
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Bitdonator
Legendary
 Offline
Activity: 1223
Merit: 1002
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December 05, 2015, 08:55:51 PM |
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There was already way too much community driven coins
I have a feel that this one will be totaly different from others... |
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b-trading
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December 05, 2015, 09:32:11 PM |
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I wait for this for a long, long time...
Make it POS after ICO.
I agree with you...just make it pos only |
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PandaCoinTeam (OP)
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December 06, 2015, 03:04:03 PM |
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I wait for this for a long, long time...
Make it POS after ICO.
I agree with you...just make it pos only Thats what we discus these days with rest of the team. New coin will be probably ICO+POS. 50% of total coin supply will be distributed trought ICO. Unsold coin will be burned and after launch you can get new coin with POS or POW+POS... We thinking about developing lightweight Android staking wallet, so its not need to leave your PC turned on all time to stake ... |
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maccaspacca
Sr. Member
Offline
Activity: 278
Merit: 258
Twitter: @maccaspacca1
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December 07, 2015, 08:03:14 PM |
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Random thoughts................
Personally I like to see POS / POW mix
Android staking wallet good
Can I refer you to Vanillacoin - some good code there and android wallet is a full staking wallet
CPU only POW is good with some kind of flexible algo definition (if that's possible) so algo mix can be changed and new algo's added without hard fork
I refer you to my previous document re decentralised POW
A fundamental change from other currencies is needed - don't just do a clone and adapt it, take the best of the rest and build a coin with your own features. It's obvious now that clones of bitcoin may not be the best approach - there's too many of them.
ICO - I will reserve judgement - there is merit in crowdfunding for marketing, developement etc. and could be good for initial distribution. The risks are creation of an initial elite core of users that put others off - especially if POS only.
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PandaCoinTeam (OP)
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December 16, 2015, 12:57:55 PM |
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Random thoughts................
Personally I like to see POS / POW mix
Android staking wallet good
Can I refer you to Vanillacoin - some good code there and android wallet is a full staking wallet
CPU only POW is good with some kind of flexible algo definition (if that's possible) so algo mix can be changed and new algo's added without hard fork
I refer you to my previous document re decentralised POW
A fundamental change from other currencies is needed - don't just do a clone and adapt it, take the best of the rest and build a coin with your own features. It's obvious now that clones of bitcoin may not be the best approach - there's too many of them.
ICO - I will reserve judgement - there is merit in crowdfunding for marketing, developement etc. and could be good for initial distribution. The risks are creation of an initial elite core of users that put others off - especially if POS only.
There is no such kind of risk if we make POW+POS after ICO. Everyone have a chance to buy PND on time and wait for swap  Also, algo will be CPU only so anyone can mine, even with low end PC. |
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BurstIncomeAsset
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December 16, 2015, 01:25:55 PM |
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The dev is really hardworking, and he earned my trust (we are a big coin holder of PND for weeks now) Because of this , we won't dump PND at the first chance and will hold it for long term, so PND has our full support |
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vested
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December 16, 2015, 05:37:03 PM |
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I cant load up the old PND wallet and blockchain to recieve my coins. something wrong with the index.dat or something
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Bitdonator
Legendary
Offline
Activity: 1223
Merit: 1002
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December 17, 2015, 06:43:24 AM |
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I cant load up the old PND wallet and blockchain to recieve my coins. something wrong with the index.dat or something
Try to delete everything in Pandacoin folder except wallet.dat and peers... than switch to Lite mode and wait for wallet to sync. |
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PandaCoinTeam (OP)
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December 17, 2015, 10:19:39 AM |
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The dev is really hardworking, and he earned my trust (we are a big coin holder of PND for weeks now) Because of this , we won't dump PND at the first chance and will hold it for long term, so PND has our full support Thanks for your support, we really appreciate Glad to hear that people get trust in PND again and regret to dump. Smart decision. If you have any suggestion for new coin, feel free to post it here. |
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PandaCoinTeam (OP)
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December 17, 2015, 10:22:44 AM |
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If you want to buy PND and prepare yourself for swap, buy it on Yobit because of thin sell wall at 1 satoshi, so we can easy move to 2 sat... and start chain reaction  https://yobit.net/en/trade/PND/BTC |
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layer1gfx
Legendary
Offline
Activity: 2128
Merit: 1109
Graphic Design & Translation - BTC accepted here!
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December 17, 2015, 10:34:05 AM |
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interesting. but burning pandas might not amuse the chinese  |
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Bitdonator
Legendary
Offline
Activity: 1223
Merit: 1002
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December 18, 2015, 11:57:31 AM |
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How about Ash-shares (ASH) ? ... because you going to burn PandaCoins and turn them to ash |
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PandaCoinTeam (OP)
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December 22, 2015, 04:58:25 AM |
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Thank you for your offer, but we already have graphic designer in our team.  How about Ash-shares (ASH) ? ... because you going to burn PandaCoins and turn them to ash Interesting idea |
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rastab48
Newbie
Offline
Activity: 51
Merit: 0
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December 25, 2015, 07:46:35 AM |
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Better work on your original coin? same question PandaCoin will continue to exist. Old devs abandone PND, and lock all threads. Also, supply is too big.... over 35 billions coins, which is too much. Thats the main reasons why we working on new coin and trying to cut PND supply. This will give more value to both coins, in same time. Let me just say I think this is a bad idea. The whole point of there being "35 Billion Coins" is so that it can feasibly be used as a currency. Limit the coins = limit the disbursement = limit the use. What good does swapping do other than just making another coin on top of the 500+ out there that nobody uses? PND already has a significant dispersion and is POS. Work on marketing it to merchants and retailers - make it a CURRENCY, and the value will rise exponentially. |
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KOZO
Full Member
Offline
Activity: 143
Merit: 100
LET'S MINING, EARN & LIVE WITH IT. JOIN ME
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December 25, 2015, 12:39:10 PM |
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I need a safe wallet for pandacoin[PND]. Which is the main wallet for PND? please answer anyone. tyvm.  |
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jommy99
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December 25, 2015, 04:53:46 PM |
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PhiPhi
Member
Offline
Activity: 135
Merit: 10
✯Empowering the Influencer Economy✯
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December 28, 2015, 01:29:37 PM
Last edit: December 29, 2015, 05:23:10 AM by PhiPhi |
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The Elephant(s) in the Corner (that everybody's ignoring) is that unfair distribution and shady deals was the last undoing of PND, persons with access to huge amounts of unearnt PND undermining the price and the community. Even with a coin swap at 1000 to 1 these people will still have millions of coins to dump because the initial distribution put too many coins in too few hands. I see no reason why PND 2.0 wouldn't end up in exactly the same situation after the initial launch.
Some ideas:
An ICO would be a hard sell with the knowledge that there are so many outstanding liabilities on the coin even before launch, the btc I lost in PND is bad enough but that's life however I would not put that up again for the benefit of people who defrauded us.
Dev team show yourselves and stand behind this for all I know you could be trying to push PND up in the hope that more can be dumped. If you want this coin to be taken seriously in the light of previous shady events transparency is needed.
Develop a proper road map before you start pitching features that are not solid to the community, by all means solicit the community's ideas but first give them a framework or manifesto of what the objectives of PND 2.0 are.
Take an inventory of all PND assets that can be used. Wallets, blockchain explorers, partner sites, community devs, irc, faucets, miners, etc.
Find some funding to hire the devs and marketing team and have an open budget accounting system, you should be paid for your efforts.
Mining and POS throughout the coins lifetime with variable rates based on demand, asic resistant algo CPU/GPU only with moores law factored in.
I think the PND brand is valuable and if people can see the old rot has been cleared out and a genuine effort at transparency has been made you should stick with it. Just add real value and uniqueness to PND 2.0.
Anyway good luck and I'll be watching to see how this develops with great interest.
EDIT>removed duplicate sentence, added clarification
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